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UBS Hedge Fund Takes REIT Chips Off The Table: Keeps High-Yielding ARCP Stake
Thursday, August 21, 2014 - 7:45am | 533After the bell on August 20, 2014, Bloomberg reported that the $5.6 billion hedge fund, UBS O'Connor LLC, a unit within Swiss banking giant UBS, had sold off more than $900 million of shares in U.S. REIT holdings, according to filings last week with the SEC. The sell-off was across the...